Stocks Open 2012 With Optimism

The first trading day of 2012 saw a big jump in markets, boosted by optimism over economic data, Jonathan Cheng reports on the News Hub. Photo: AP.

This transcript has been automatically generated and may not be 100% accurate.

on ... the ... stocks assault on its last trading day of twenty twelve we talked often Cheng here to tells all about it ... what happened ... well it's a ... good stock to needy ... people wanting to get above twenty eleven that wasn't so ... good by any measure up ... the Darden's Industrial average of one of the son of God ... so to start to the aid of questions all of a lot of these to give hope ... to make this a good year but that but we have good economic data of the U S and China Germany those are three most important companies ... over the past year and of course will continue to be how ... good manufacturing of us in China and unemployment in Germany ... down to some real close to ... the post unification while its one minus ten study quite phenomenal that's right ... see it that you get some people full well we're out of the of the market may be Ford's year-end ever tried to put new money back to work in that seat ... all the guys that did really well last year with a once was telling telling today so the bottles was the worst in a down day with the best last year utilities were down ... the flip side of materials financials doing really well today so ... and so was the opposite they basically it is really rough ... it's really hard to do the sort of ended period ... sort of analysis on on how the market is moving when you have people in the market for not the traditional reasons ... people taking losses in the year by selling users ... getting tax benefit coming back in Jan or refinancing stocks ... um ... so I think it's a it's a little too early to say while we were up to never ever trade here but to ... her up and down if you're an investor ... yet a deafening up and down I was wanting to we have in a stable but no one ever bought out by the ... vines have been pretty bad over the last actually BofA for most this in spite of all the bones of that we've seen in December in particular I mean basically nobody was around so by those levels yes but it's up ... against all too soon ... to say what I now have trended based on about